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Contracts between two leaders in the fleet mobility industry continue to leverage Shell's ubiquitous presence across United States, Canada, and Mexico with WEX's software and payments expertise to provide value for commercial customers
WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached an agreement with Shell to manage Shell's portfolio of commercial fleet cards across North America, offering customers a full range of features, functionality, and solutions to meet the everyday demands of a modern commercial fleet. This represents a continuation of agreements first established in 2018 and covers the United States, Canada, and Mexico.
"With more than 19.4 million commercial vehicles serviced globally, customers and partners rely on WEX's software and payments solutions to simplify the fleet management process," said Melissa Smith, WEX's Chair, Chief Executive Officer, and President. "WEX's technological expertise in fleet mobility combines with Shell's significant brand presence across North America to provide an operational advantage for enterprise-level fleet operators and small business fleets alike. This agreement illustrates the power of WEX's global commerce platform and our continued commitment to simplifying the business of running a business."
Inclusive of cobranded offerings with Shell, WEX is a leader in commercial mobility solutions with more than 600,000 businesses as customers within its Mobility segment, representing approximately 19.4 million commercial vehicles serviced globally as of Q1 2024. Both WEX and Shell were recognized in a Forbes ranking of Best Fleet Fuel Card Providers.
The portfolio of Shell Fleet Cards includes the Shell Fleet Navigator® Card, Shell Fleet Plus Card, and the Shell Small Business Card (available in the U.S. only). Shell Fleet Cards provide businesses with more control, convenience, savings and security for managing employees, expenditures, and processes. The Shell Fleet Navigator Card will soon also offer electric vehicle payment solutions for en route charging and home charging in the U.S. to ensure businesses can manage their fleets of today and tomorrow. Learn more about Shell Fleet Cards in North America at Shell.us/fleetsolutions or Shell.ca/fleetsolutions.
